A Few Dos and Don’ts of Travel Insurance
Sorting out your travel insurance can be a tricky process, and a high number of consumers find it to be an extra hassle that they could really do without. With this in mind if you want to ensure that you are covered should anything unforeseen happen on your holiday, it’s very important to sort out your insurance as soon as possible. The process can be made a lot simpler if you just remember the dos-and-don’ts of travel insurance.
DO make sure you understand the difference between Single Trip and Annual Cover. Every traveller has different needs from their insurance, so it’s best to be sure you understand what the key difference is here. Single Trip cover is usually worked out on a weekly basis, and is aimed at travellers who are having a one off holiday and want to save. Annual cover, on the other hand, insures you for all your travel throughout one year and has a fixed annual rate.
DON’T judge the whole policy on the extras it provides. If you choose your insurance policy based on a flashy extra without checking the main features of the cover, you could be in for a nasty surprise. Extras are designed to be just that: extras. If, of course, you’re stuck between two equally promising policies and don’t know which to go for, then the extras should be taken into consideration. Some companies will provide more than others, and there is bound to be one that has something that seems more appropriate for your own situation.
DO make some careful inquiries. It might be helpful if you ask friends and acquaintances about who they have their travel insurance provided by, but do bear in mind that insurance depends on individual needs, thus a policy that works for your friend might not be so perfect for your holiday. Don’t be limited in your investigation – insurance is no longer just provided by insurance companies, you are also able to purchase it from supermarkets and the post office, sometimes for a cheaper cost. Above all else, the key thing is that you do plenty of research to ensure that you feel positive that you’ve decided on the top policy for your needs.
DON’T forget to read the small print – you need to be sure that you know exactly what you’re covered for so that, should anything go awry with your trip, you don’t have to worry too much about getting it sorted. Always read your contract over before signing to be sure you’re covered for everything you need.
DO make sure you get the right kind of cover for you. These days, travel insurance policies vary depending on the type of traveller you are, so if you’re just going on a family beach holiday then don’t shell out for the extra cover provided by a winter sports policy! Search around and find the right kind of policy that is tailored to your travelling needs.
DON’T underestimate the importance of travel insurance. Ok, it might seem like a lot of hassle to go to for something that may or may not happen, but you won’t regret paying for it should anything go awry. To avoid spending excessive amounts on things like medical expenses and loss or theft of your possessions, invest in travel insurance for some peace of mind.
Choosing your travel insurance is a crucial decision, and it is important that you’ve made sure you fully understand your chosen policy, and that you know from thorough research that it’s the right one for you.